Babylon Pump & Power (ASX:BPP) has refinanced its debt facilities with National Australia Bank (ASX:NAB), according to a Monday filing with the Australian bourse.
The refinancing replaces Babylon's existing AU$3 million revolving trade facilities with a new four-year term loan facility, offering a bank bill swap bid rate of over 1.45%, lower than the Company's current trade facilities, the filing said.
The loan, which will be reviewed annually, was secured by a charge over the rights, property, and undertakings of the borrowing entities, with guarantees from members of the Babylon Group, and is due to be fully repaid by 2029, the filing added.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。